Tip: Activate javascript to be able to use all functions of our website

Representative office in São Paulo


Our gateway to South America

KfW has been actively engaged in export and project financing in South America since the 1960s and maintained its commitment to the region during the difficult times of the Latin American crises, helping to ensure this important market could be kept open for the German export economy.

2002 saw KfW IPEX-Bank intensify its market activities with representatives located in São Paulo. As a result, the office was established in its present form in 2011.


Scope of activities

The representative office in São Paulo supports KfW IPEX-Bank's business activities in South America. It is the first point of contact for buyers and exporters, and provides long-term export finance in the region to enable buyers to purchase German and European supplies and services. In addition to buyer loans structured finance and tailored project finance is also provided, often in conjunction with the export credit guarantees issued by the Federal Republic of Germany. KfW IPEX-Bank also finances German and European foreign investment and projects which secure the German and European raw materials supply.

The main tasks of the representative office include nurturing and building on existing client contacts in South America (mainly in Brazil, Chile, Peru, Colombia, Uruguay and Paraguay), observing and analysing the regional markets, and identifying new business opportunities.


Financing

In 2015 alone, the bank’s loan exposure in South America increased by 31%, up from around EUR 2.6 billion to EUR 3.5 billion (roughly 50% in Brazil and 50% in other South American countries).

The priority areas of cooperation are currently at different levels. In basic industries the focus is mainly in mining, in wood processing, in the petrochemical sector and in the paper/cellulose sector.

In industries and services, KfW IPEX-Bank is currently investing primarily in the automotive and telecommunications fields in South America. KfW IPEX-Bank has regularly advised companies like Volkswagen, Mercedes, and TIM Brasil on investments and covered export financing.

In addition, projects in the field of transport & social infrastructure (PPP) for airports and seaports as well as in the urban transport systems sector are being financed. KfW IPEX-Bank is engaged in various container port projects; in addition, long-term financing for recently privatised major airports is currently in the structuring phase.

Hochbahn "Monotrilho" São Paulo
Our commitment at a glance

Overall portfolio in South America:

  • EUR 3.5 billion (Brazil approx. 50%)

Countries and inhabitants

  • Area: 17,843,000 km2
  • Inhabitants: around 421 million
  • Focus countries: Brazil, Chile, Colombia, Peru, Uruguay and Paraguay
  • Average age in the region: 30

Economy

  • GDP: around USD 4,468 billion (Brazil approx. 53%)
  • Income per capita: around USD 11,000
  • Average economic growth (2010-2014): 4.4%

Trade relations

  • German exports to South America (2014): roughly EUR 21 billion
  • German exports to Brazil (2014): EUR 11.8 billion (year-on-year increase of 1%)
  • 1,300 German companies are located in São Paulo. This makes the city one of the largest German industrial sites abroad.
  • Germany maintains bilateral cooperation with Brazil

Financing centred around

  • Basic industries: mining, wood processing, petrochemicals, paper/cellulose
  • Industries and services: automotive, telecommunication equipment, bottling plants
  • Financial Institutions and Trade Finance: refinancing lines and Trade & Commodity Finance
  • Maritime industries: commercial, passenger and special vessels
  • Transport & social infrastructure (PPP): air and sea ports, urban transport systems
State-of-the-art medical technology

Exporting highly innovative German medical equipment to expand Brazil's network of diagnostic centres

Read more

New container terminal

Expanding transport infrastructure at Brazil's biggest container port in Santos

Read more

Adding connections and expanding metro line 4

New stations, trains and signalling equipment for the metro in São Paulo

Read more

KfW IPEX-Bank's representative office in São Paulo does not conduct any bank business of its own. Instead, its sole function is to support the bank's headquarters in Frankfurt.